30/05/2023
A bullish market is a market that favors a strengthening currency. For instance, in the case of the EUR/USD Currency Pair, the Euro is currently gaining strength against the US Dollar, indicating that the currency pair is currently leaning towards a bullish market.
Consequently, a bearish market is a market that is leaning towards a currency that is losing strength. Bearish traders tend to position their portfolios in accordance with weakening currencies.
Forex Jargon can be complicated for beginners. Follow Fidelis CM on Instagram to learn more about these terms and understand the Forex Market better.
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